Foreign Income

Foreign Income

DTAA relief, RSU/ESOP, Schedule FA, foreign salary and comprehensive worldwide income filing.

Online support Clear checklist Transparent pricing

About our Foreign Income service

If you are an Indian resident with foreign salary, RSUs or ESOPs from a foreign employer, foreign dividends, or foreign bank accounts and assets, your Indian return must report worldwide income — and disclose foreign assets in Schedule FA. Non-disclosure carries severe penalties under the Black Money Act, and incorrect DTAA claims are a common trigger for notices.

TaxClear handles the full cross-border filing: converting foreign income at prescribed rates, computing RSU/ESOP perquisites and sale gains, preparing Schedule FA disclosures for foreign accounts, shares and assets, filing Form 67 to claim foreign tax credit under the applicable DTAA, and reconciling everything with your AIS. Returns are reviewed by a professional before filing so treaty relief is claimed correctly and disclosures are complete.

Pricing

Foreign Income Plans & Pricing

All prices include taxes.

Start with only 20% advance. The remaining professional fee is payable after the computation is prepared and approved, but before filing.

Prices are starting prices and may vary depending on the complexity, transactions and records involved.

Not sure which plan applies to you?

Book a consultation and we will review your specific case, documents and requirements before confirming the right Foreign Income plan for you.

Final pricing for complex cases may be confirmed after document review. Prefer email? Send an enquiry.

Why clients trust TaxClear

M/s. SHUBHAM PANKAJ & CO — led by Shubham Goyal

🔒 Your documents and data are handled securely and confidentially.

“Excellent support for foreign income reporting and DTAA relief. Very knowledgeable team.”

— David Miller, USA (Foreign Income)

“Very smooth tax filing experience for international income. Highly recommend to NRIs.”

— Michael Brown, Canada (Foreign Income)

“Shubham and his team made my ITR filing very smooth and simple. Excellent support throughout.”

— Rahul Mehta, Mumbai (ITR Filing)
What's Included

Everything covered in your service

Clear scope before work starts

You receive a practical document checklist and service scope before filing, drafting or submission.

Online process

Share documents securely online and get support through email or Google Meet.

Transparent pricing

Pricing shown on the page is clearly stated with taxes included.

Post-service support

Basic acknowledgement, filing status and next-step guidance are included after submission.

Process

How your work will be handled

Share query

Send your requirement through email or the secure contact form.

Document review

We review facts and share the exact checklist for your case.

Filing / drafting

Your return, form, reply or application is prepared carefully.

Submission support

You receive final confirmation, acknowledgement and next steps.

FAQ

Common questions about Foreign Income

Schedule FA is the foreign asset disclosure in the ITR. Every resident (ordinarily resident) must report foreign bank accounts, shares (including vested RSUs), financial interests, immovable property and other assets held at any time during the calendar year — even if they produced no income.
For residents, foreign salary is fully taxable in India, converted at the prescribed exchange rate. Tax paid abroad on the same salary can be claimed as foreign tax credit under the DTAA by filing Form 67 before the return.
Twice, in two stages: as a salary perquisite when they vest (on the market value), and as capital gains when you sell (on the growth after vesting). The shares must also appear in Schedule FA. We compute both stages and the correct cost basis.
Form 67 is the online form for claiming Foreign Tax Credit for taxes paid abroad. It should be filed before or along with your ITR for the relevant year — miss it and the credit claim can be denied.
Double Taxation Avoidance Agreements allocate taxing rights between India and the other country and let you credit foreign tax against Indian tax on the same income. The exact article and method depend on the income type and country — we analyse this case by case.
Yes. Schedule FA has no minimum threshold — every foreign account held at any time during the calendar year must be disclosed, including peak balance details. Non-disclosure penalties are severe, so complete reporting matters.

Need help with Foreign Income?

Talk to Shubham Goyal — expert consultation at ₹299. All prices include taxes.

The ₹299 consultation fee will be adjusted against your final professional fee when you proceed with any TaxClear.in service.